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follow Patrick 2018 Mar 31, 12:36pm
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Real Estate Rot Starts at The Top EndIn most markets, rot starts at the periphery and eats its way to the core. With real estate, price discounting starts at the top and works its way lower.it's highly likely we have seen the peak this cycle at the top end. The stock market is starting to crumble and other asset prices are likely to follow.
Penthouse's $19 million discounted sale is a sign of a weak marketOh. I thought you were talking about a men's magazine.